Malaysian OnLine (MOL) Group was the one that
made a raid on Friendster and won the ownership of the company from such
competitors as Facebook. After shifting the company to Asia, it milked the
membership database and moved it to MOL. MOL then became a gaming portal that achieved tremendous sales from the Philippines to Indonesia,
Subsequently it sold patents to Facebook
for a portion of its share.
When Facebook listed they saw the value
of their shares soared to RM700 million.
The man that who helped Vincent Tan to
do magic was Ganesh Kumar Bangah.
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